Local currencies

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On a weekly basis, the ringgit rose 190 basis points to 4.1560 / 1590 against the greenback on Friday from 4.1750 / 1800 a week earlier. - Reuters photo KUALA LUMPUR, Oct 16 - The ringgit is expected to undergo a technical…

Founded in 1924, MFS (Massachusetts Financial Services) had $ 685.5 billion in assets under management as of August 31, 2021. The company manages more than 80 portfolios, which invest in national and global…

Expect the unexpected The COVID The pandemic has clearly demonstrated to us the folly of hoping for the best and assuming all will be well. Many things we took for granted two years…

At 9:04 am, the local rating rose to 4.1630 / 1680 against the greenback since Friday's close at 4.1750 / 1800. - Reuters photo KUALA LUMPUR, October 11 - The ringgit opened higher against the US dollar today amid renewed interest…

Almost three months after Padma Bank submitted its proposed merger with a state-owned lender, the Bangladesh Bank said government lenders are now plagued by financial health problems due to excessive numbers. delinquent loans. In…

The popular Defend The digital currency platform with over 1.7 million customers worldwide has announced the addition of four new cryptocurrencies to its trading platform. Uphold is a multi-purpose platform used by businesses to pay…

By Dipo Olowookere Sustained interest in bank stocks, particularly senior stocks, extended the Nigerian Exchange (NGX) Limited's uptrend by 0.12% on Wednesday. The market closed in positive territory yesterday due to gains…

By Paul R. La Monica, CNN Business Bitcoin is back, and it has a prominent new supporter. The price of the world's most valuable cryptocurrency soared nearly 10% on Wednesday morning to around $ 55,000, following news of the…

In Brazil, the acceptance of Bitcoin as a legal payment method is on the horizon. Brazilian Federal MP Aureo Ribeiro has revealed that residents of Brazil may soon be able to buy McDonald's using Bitcoin. The country is preparing a…

By Paul R. La Monica, CNN Business The lightning race for bitcoins keep on going. The price of the world's most valuable cryptocurrency soared above $ 50,000 on Tuesday morning - the highest level in nearly four weeks. While…

By Nathan Gurira No matter how well-intentioned and determined the Reserve Bank of Zimbabwe (RBZ) may be to eradicate rampant delinquency in the economy, the effort may count for nothing if other institutions inflame the situation…

SAN DIEGO, October 1, 2021 / PRNewswire / - PriceSmart, Inc. (NASDAQ: PSMT) today announced the sale of the…

A money changer counts ringgits at a store in Putrajaya on October 26, 2007. - Reuters pic KUALA LUMPUR, Oct 1 - The ringgit ended higher against the US dollar today, supported by improving sentiment towards the local currency, a…

gHello. The UK economy grew 5.5% between April and June on a quarterly basis as household spending surged as restrictions on coronaviruses eased, official data shows. The Office for National Statistics revised up a previous growth…

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© Reuters. MercadoLibre: expanding the e-commerce behemoth, with associated risks Free Mercado (NASDAQ :) is Latin America's most comprehensive e-commerce ecosystem in terms of unique visitors and pageviews. It…

CYBER Safety leader NortonLifeLock has been letting users mine cryptocurrency for months as Bitcoin's value climbs back after China's ban was announced. In June, a Norton Crypto feature was created to allow consumers to "easily and…

New York, NY, September 27, 2021 (GLOBE NEWSWIRE) - The Fantom Foundation has announced that it has signed a memorandum of understanding with OJSC Orienbank, one of Tajikistan's largest banks, to test a hybrid CBDC platform for possible…

* Records a million visits in a few days after the unveiling according to the analyzes Obinna Chima The official website for the Central Bank of Nigeria's (CBN) next digital currency, eNaira, went live,!-->!-->…

According to a study by Channel analysis, the cryptocurrency economy in Africa grew by 1200% between July 2020 and June 2021. The value of transactions was estimated at US $ 105.6 billion during this period. This makes Africa the…

In the previous session on Thursday, the rupee closed at 73.64 against the US dollar. The Indian rupee slipped 4 paise to close at 73.68 (provisional) against the US dollar on Friday, after weaker Asian peers against the US…

Despite a difficult year due to travel restrictions linked to COVID, Hotels and rooms in Oyo is preparing to file an initial public offering (IPO) to raise approximately $ 1 billion. The Indian hospitality startup is set to file its IPO…

On the opening, the ringgit traded higher against a basket of major currencies. - Reuters photo KUALA LUMPUR, September 23 - The ringgit fell further against the US dollar at the opening bell today, following the optimistic US…

The rupee fell 26 paise to close at a nearly four-week low at 73.87 against the US dollar on Wednesday due to a stronger dollar in foreign markets ahead of the outcome of the US Fed and US dollar meeting. concerns about Evergrande's…

The Zimbabwean currency collapse in 2008 and record hyperinflation are widely regarded as classic examples of what can go wrong with a centralized currency. For example, some cryptocurrency enthusiasts - as well as opponents of the…

The naira fell slightly against the US dollar in the official market on Monday due to the drop in the supply of currencies. According to data released by the FMDQ Stock Exchange where forex is officially…

Traders can trade notes of Rs1,000. - AFP / FileKARACHI: The rupee resumed its tumble against the US dollar on Monday, falling by around 53 paisas or 0.31% to reach Rs 168.72 on the interbank market. The rupee began its descent…

Chinese stocks have had a tumultuous year as a wave of stricter regulation rocked tech, education and gaming stocks.Yet China's general attractiveness to investors remains unchanged. Individual stocks suffered massive sell-offs and…

By Dipo Olowookere The popular website that tracks the exchange rate of the Naira against major foreign currencies, AbokiFX, has announced it will suspend its pending updates when it gets "better clarity" of the currency…

By Adedapo Adesanya The Naira appreciated against the greenback on Friday in the Investor and Exporter (I&E) segment of the forex (FX) market as the Central Bank of Nigeria (CBN) said it no longer recognizes exchange…

JOHANNESBURG, Sept. 17 (Reuters) - The South African rand weakened on Friday, reversing some initial gains and was expected to end the week with an overall loss of nearly 3.8% as the US dollar rose and weak data national economies…

There are many ways to successfully hedge against inflation, one of which is to invest heavily in an asset class that has the potential to outperform the market during the time of inflation. Gold is a real world asset that is able to…

Online gambling has emerged as a major threat stretching from urban to remote rural areas, as various racket rackets…

At this point in our national life, there is a need for various higher education institutions in Nigeria to review and assess the cost of staff training and further look for cost effective ways to build…

The popularity of cryptocurrencies is increasing all over the world. While a few years ago cryptocurrencies were used almost exclusively for speculative trading, today bitcoin and some altcoins are used as a means of…

Kabul, Afghanistan (AP) - A small group of Afghan women protesting near the presidential residence in Kabul on Friday as the new Afghan leader strives to form a government and gain international approval. Demanded equal rights for the…

Aug. 27 (Reuters) - The first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to boost demand for virtual assets after neighboring El Salvador became the first country to establish the bitcoin as legal tender.The…

Mark Sievers: Wealth MattersFifty years have passed since President Richard M. Nixon changed the US monetary system by suspending the conversion of US dollars to gold and allowing the rate to float. The elimination of…

The rand was the worst performing emerging market currency this week. On Friday morning, the rand fell nearly 3% to R15.39 / $ -…

“Cryptocurrencies are extremely easy to implement in any business model” - Joe Downie, CMO of NiceHash. At the start of the year, the value of bitcoin was above the £ 41,180 mark. Now, as…

At 9 a.m., the local note stood at 4.2370 / 2400 against the greenback from yesterday's close at 4.2350 / 2390. - Photo by Hari Anggara KUALA LUMPUR, Aug 17 The ringgit opened slightly lower against the US dollar today as political…

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The Russian central bank has once again reiterated its negative stance on Bitcoin (BTC), with one of the bank's top executives comparing the cryptocurrency to a pyramid scheme.Sergey Shvetsov, First Deputy Governor of the Bank of Russia,…

In much of Africa, many people still do not have access to basic financial services for many reasons. One of the reasons is that financial…

Boost to Syariah for SMEsAn easy-to-use syariah compliance toolkit for unlisted micro, small and medium enterprises (MSMEs) and crowdfunding platforms is a!-->…

Bitcoin trading has always been widely adopted in countries with rapidly depreciating currencies. Nigeria, a country in West Africa, has always been at the forefront of BTC adoption in the region. The combination of a large population…

TAIPEI (Taiwan News) - In response to recent fluctuations in the world's major currencies against the US dollar, such as the euro and Japanese yen,…

At 6 p.m., the local rating rose 170 basis points to close at 4.2190 / 2220 against the greenback from yesterday's close at 4.2360 / 2410. - Reuters photo KUALA LUMPUR, July 30 - The ringgit rebounded from yesterday's losses to…